Dedrone Raises $30+ Million Led By Axon
Dedrone has announced a $30.5 million Series C funding round led by body camera provider Axon. Dedrone tells IPVM they recently switched to a SaaS pricing model, joining a surging number of VC-backed tech startups.
In this report, based on a conversation with Dedrone's CMO we examine why Dedrone believes their market has reached a tipping point, what the opportunities are for Dedrone and what problems the overall drone detection category still faces.
Dedrone **********
******* *** ******* ** ****, ********** drone ********* *** "**********" (******* **** to ****, ****** ** *********) ********, detailed *****.
******* **** **** **** ******** ***** 1,000 ******* *** **** ** ***** 3 ****** *** ****/******** (*** *************), this ****** ***** ***** ****** ** customers ** *** *** ******* *****.
*** ******* **** *********** *** ******* evenly ***** ******* ***** ******** *** Western ******, *** *******'* **** *******.
Still ********** *****
** * *** ******* ***** *********, Dedrone ** ***** ********** ***** ******** to *** ******** ** ****** ***** sold. *******, *** *******-***** ****** ****** is ***** *****, ****** ** ****** become **** ****** **** *** *** danger ** ***** ****** *****, *** need *** ***** ******** **** ******.
Tipping *****
******* **** **** **** *** ****** for *******'* ******** *** ******* * "tipping *****", ***** **** *** ** a *********** ******** ** **** *** their ********. **** **** *** **** this ******* **** ****** ** ****** or ******. ********** ***** *** **** ** ***** surveillance*** *** ********* ******* ****** *** IP *******, ****** **** *******-***** ********, the ****** ** ******** **** *** using ******** ** ***.
Double ******* **** **** **** ********
** **** ** *** *******'* *******, Dedrone ******* ** ****** *** ***** number ** ******* ******** **** *** current *,*** ***** ** *,*** ** the **** ****. **** ***** ********* be * ***** **** ******* ****** they *** ******** **** * ***** base.
*** **** *********** ******** ** ***** the ****** *** *******-***** ********** **** be ** * ** ** *****. As ****** ****** ******* **** *** business *** *****, *********, ***** ***** be **** ** ******** ** ********* of **** *******-***** *******?
~$100M *** ******
******* *** ****** ******$**** *** ** ***, **** ***** ****** *****, *** by ****, *** ******* ** ~$*** USD, ************* ****'* ***** ** $**.* *******.**** ******** ** ***** **** ****** B ***** ** $** ******* ****.
Product ******** ********
*******'* **** ********-**** ******** ****************, ***** ***** ** *******, ***/** IP ******* *** ***** ** ******, track, *** ******** ****** (********* ****/*****), shown ** *** ***** *****.
******* ******:
******* ** *** **** ******** ******* of ******* *** ******** *********, *********** and ******** *** ******* ******* ** drones **** **** ** ************* ** well ** ******** ******without ******** ********* ****. [emphasis added]
** ** ********* ******* ** *** US ** ****** ** ********* **** between * ***** *** *** *****, as ******* ***** ******* *********** ****. *** ** *** ********* ******* **** ****** ** ****, ** be *********** ** ********* ****, ***** requires ****** ** ********* ***** ****** ID, ********, *****'* ********, *** ***** data. *******, ***** ***** ** *** prevent ********* ********* **** ******** ***** Remote ** ******* ** ****** ********* them.
Drone **********: ************* ****-***** ***
******* **** ****** ****************, ** ****-***** "***" ***** ** used ** *** ** ****** ** disrupt ***, ******* *** *** ** enter *** ****** **** *** ****, so ** *** ** ********.
*******, ***** ********** ** ******** ********* in **** *****, ********* *** ** and **. ** *** ****** ******, only ************** ** *******, ******** ********, *******, and ********* ******* ****** ** ****** **** they ******* * ******** ******. ** other *******, *****, ** ***** *********** or ******* ***** *** ******* ***** mitigation *******.
Mitigation *********** ******** ** ******
***** ***** ********** ** ********* ******** regulated, **** ** ******** ** ****** as ****** ******** ** **** *** threats ****** **** ******.
********/*********** **** ** *** *************** *********** ********:
***** ********* **** **** ******* ******** have *** ***** ********* ** ******** drones ** *** ** (********** ** Defense, ********** ** ******** ********, ********** of ******* *** ********** ** ******), we ****** ** *** *********** ****** as *** **** ** ****** ******** airspace *********. ** *********** *** **** eventuality, ******* ******* *** ** *** GNSS ******* ************ **** ******* ********* mitigation **************, *** ********* ** ****** in ********* ****.
***** **** ** ****** ****, *** timeline *** ****** ** **** ******* is *******. *** *** *** *********/********* to ******* *********** ** ********* *** ********** ********** *********** ********** ****** ***************. *******, *** *** ********* *** not ****** ***********/********** ************ *** **********, ** ***** ******* may ** ***** **** **** ********.
Axon ***********
**** **** ******* ******* *********** **** their ******** ********** ******* (**** ********) ***** ***** ***** *********** ** automatically ****** ********* ****:
* *********** ** ******** **** ** automatically ******** ** *** ******* ******* software, ********* ***** ************, *****, ****** path **** **********, *** ***** ************. In *** ******, ** **** ** possible ** ****** **** **** ** evidence ********** **** **** ********.
************, ******* **** **** ** ********** into ********* ****************** ********* ******** ** ***** ********* and *** *** ** **** ** real-time ** ***********.
**** ** ***** ********* *** ****** to ** ********** ** *********** ***** Axon's *********, ** **** ******** ** launch ***** *** *******-***** ******** ** restrictions *** *****.
Shift ** **** ***** *****
******* **** **** **** **** **** shifted **** **** ***** ******** ******** plus ************ ***** ** * **** SaaS *****, **** *** ******** *** software ********. *** ******** ** ****** per ******** ****, *** *** ******, though * ******* ** ***** ******* is ******** ***** ******* ************ ********.
******* ******** ** **** ******* ** this *** *****. ** ******* ******, **** ****** ****** ******** ** $10,000 *** ****** *** ********, **** $5,000 *** **** *** ****** *** licensing (****).
**** ******* ** ******** ******** *** physical ********-***** *********, **** *** ***** with ***** ******** ********** (*.*., *****'* weapon ********* *********).
Challenge: *******-***** *** ** ******** *******
********* ********* *** ******* ***********, ***** ******* "***********" ** ********* having ** ******* *** ***** *********.
*** ******* *********** ** *** ****** an ******** **** **** ** ******** budgets.
***** ***** ********* ** * *** product ******** ** **** *****, **** few *** ****** ** **** ********* budgets ** ********* ***** *******. **** is ****** ** ******** ** ******* become **** ******, *** **** ****** an ***** *** ** ***** *** short ****.
Terrorism ****
*** ****** **** ***** **** ********* higher ******** ** *******-***** ********* ** a ***** ********* ********. ********* **** drones *** ********** (*.*., ******* *** a *** ****** ********* ** *** **** ****) *** ***** ** **************** ***** ****** ***** **** ** deadly ********* *******.
******** ******* ** ********** ********* ******* frequently ******** ** ***** ** ********* the ********** ** ****** **** **** very **** ***** *** **** ** unclear *** ********* ********** *** *********** of *********. ** ** **** * major ********* ******** ** ****** ** a *****, **** ***** ************* ****** how ************* **** **** ************, ******, as *** **** */** *** ***** in ******* ******** **********, **** ** this *** ******.
**** *****, ** ****** *** *******-***** market ** ** ** ********** ***** unless *** ***** **** * ***** incident.
No *********** ******** ***
**** *** *** *** ********** *** anti-drone ****** ****** ****** ** ******* a *********** ******** ** ******* ** others ** **** *****.
** ***** ******* *** **** **** to **** ******** ** *** ******** and ******* * *********** ********.
*** ********** ** ****** ******** *** nuclear ***** ****** *** **** ***** has ** **** ** ** ***** 100 *******, *****, ********* *** ***** on ****. ** ****'* *** **** are ** *****.
**** **** ******* (******** *****)
******* *** ****** ******* $**+ ******* in **** **** *** ********** ** a ****** *-*.
** **********,**** ********** ** *********:
**** **** ** ****** ****** ******** has **** * ******* ****** ** Dedrone’s *********** ****** ** ****; ** are ** ***** ** ****** *** revenue *********** *** *** **** *** triple *** ***** ** *** **, including ******** * ******* *********** **** in **********.
***, ***** ** * *** ***** interview **** *******'* ***, ** *** not ******* ** ** *** ****** but **'* ******** ***** *** ***** interested: